Taxes

Our firm’s Tax Department has been accompanying companies and businesses, both large and small, as well as entrepreneurs, high-net-worth individuals, and others, for many years in a wide range of tax matters, including corporate taxation, international taxation, local taxation, real estate taxation, VAT, income tax, personal taxation, immigration issues, trusts, intergenerational transfers, and more.

The experience gained by the department’s attorneys in additional areas of law in their previous roles, as well as the accounting knowledge of the department members who are also certified public accountants, has endowed them a broad perspective on tax law. The extensive legal and accounting knowledge of the department’s attorneys allows them to see the broad picture of each client’s business, and to work in full synergy with the other departments of the firm advising the client.

Comprehensive Representation and Litigation

As part of our firm’s comprehensive support for companies and individuals, our Tax Department is extensively involved in representing taxpayers in assessment and objection proceedings before various tax authorities, appeals committees, and different courts, in applications for tax rulings, and in securing other tax arrangements. The firm’s team has decades of experience in these areas.

Corporate Taxation, Mergers & Acquisitions

Our firm’s Tax Department accompanies and advises the firm’s clients on various tax aspects related to the manner and location of incorporation, the structuring of business transactions, the inclusion of partners, financing, as well as the tax aspects of the ongoing operations of their business.

In addition, the department’s attorneys provide tax advice in relation to mergers and acquisitions, including the recommended corporate structure for the acquisition, financing methods and the form of merger. As part of the service in this area, our firm secures the necessary approvals from the tax authorities and arranges the contractual framework required to ensure the desired tax outcomes of the merger.

Personal Taxation

The department’s team provides legal advice in the area of tax law to individuals, including:

Advising entrepreneurs during the establishment and operation of a venture,
Advising property owners before selling or entering into another transaction,
Advising business owners and other taxpayers,
Advising high-net-worth individuals on the legal structure for managing their assets, planning for intergenerational transfers, inheritance planning, and taxation of trust,
Advising immigrants and returning residents on tax issues related to the immigration.

In both corporate taxation and personal taxation, our Tax Department serves the firm’s clients in implementing the advice to the structure of transactions or action plans, such as establishing relevant trusts or corporations, company liquidations, and more.

Real Estate Taxation

The Tax Department team works in synergy with our firm’s Real Estate Department, and jointly advises individuals, contractors, and corporations. The Tax Department team advises on the taxation of complex real estate transactions, “combination transactions”, purchase and sale of residential property, urban renewal projects – “TAMA 38”, and evacuation-reconstruction projects.

The advice provided by the Tax Department team begins at the stage of structuring the transaction, and continues through the negotiation process and drafting of agreements, ending in reporting to the tax authorities and, as may be required, representation in assessment, objection, and appeal hearings.